May 26 – Eleven years after its foundation, a group of 12 purely industrial stocks were chosen to form the Dow Jones Industrial Average. The index was composed entirely of industrial shares for the first time.[4]

July 30 – Atlantic City rail crash: Shortly after 6:30 pm, at a crossing just west of Atlantic City, New Jersey, two trains collide, crushing five loaded passenger coaches, killing fifty and seriously injuring approximately sixty.